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Nicaragua Fast-Tracking Bill to Authorize Chinese Company’s Canal to Compete with Panama
The government of Nicaragua is fast-tracking a bill that would authorize a company from China to build a new canal connecting the Atlantic and Pacific Oceans. The dream of a Nicaraguan canal dates back more than a century.
Gran Canal routes (Map: GCIN)
The government of Nicaragua is fast-tracking a bill that would authorize a company from China to build a new canal connecting the Atlantic and Pacific Oceans. The dream of a Nicaraguan canal dates back more than a century.
Nicaragua's president, Daniel Ortega, argues the project would bring prosperity to one of the poorest nations on Earth. Critics say there are serious questions about the project's feasibility and environmental impact.
The World's William Troop reports.